“Microsoft?” Schmidt said, his mock incredulity recalling Microsoft’s own antitrust woes. “Did you say Microsoft and AT&T? What is the year?”

“They’re wrong,” he said, showing some emotion. “Give me a break! It’s false.” He said Google and DoubleClick together account for 1 percent of all the world’s advertising revenue.

“This is an emerging business with lots of different choices,” he said. “These were people who were involved in the bidding, who lost.”

Schmidt also talked about plans to add presentation software to Google’s roster of Web-based productivity software, although he sought to downplay its status as a PowerPoint competitor. Also see coverage by the AP and Wired News.